Coca-Cola Europacific Partners PLC
CCEP: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€18.00 | Gvrtbkd | Pstvlcfx |
CCEP's Philippines Acquisition Increases Its Emerging Market Exposure
Business Strategy and Outlook
Since its asset swap with The Coca-Cola Company, or TCCC, in 2010, Coca-Cola Europacific Partners, or CCEP, has been transformed through a series of acquisitions from a U.S. bottler to Coca-Cola's second-largest distribution partner by volume and largest by revenue in 2023, with territories in Northern Europe, Asia, and Australasia.